Alder Resources Ltd.

January 18, 2008 14:12 ET

Alder Increases Private Placement Financing to $750,000

TORONTO, ONTARIO--(Marketwire - Jan. 18, 2008) - Alder Resources Ltd. (the "Company") (TSX VENTURE:ALR) is increasing the private placement financing announced in its News Release dated January 14, 2008 to 3,000,000 shares. The shares are being sold at $0.25 per share so that the increased financing will provide the Company with proceeds of $750,000.

The private placements are subject to the completion of final documentation and acceptance for filing by the TSX Venture Exchange.

The TSX Venture Exchange does not accept responsibility for the adequacy or accuracy of this Release.

Contact Information

  • Alder Resources Ltd.
    Bruce Ford
    (416) 362-8110
    (416) 362-8121 (FAX)